Benjamin Eric 4

What Happened

• Benjamin Eric, EVP and COO of Insulet Corp (PODD), received equity awards on 2026-02-24 and had 395 shares withheld on 2026-02-25 to cover tax obligations. The filing shows an RSU award of 3,822 shares (no cash paid) and a derivative award of 9,946 shares (options). On 2026-02-25, 395 shares were disposed/withheld at $248.12 per share to satisfy withholding, producing proceeds of $98,007.

Key Details

• Dates and actions:
  • 2026-02-24: Award/Grant (A) — 3,822 RSUs @ $0.00 (F1).
  • 2026-02-24: Award/Grant (A) — 9,946 derivative shares (option award) @ $0.00 (F3).
  • 2026-02-25: Tax withholding/disposition (F) — 395 shares @ $248.12 (Disposed) = $98,007 (F2).
• Shares owned after the transactions: Not specified in the Form 4 provided.
• Footnotes of note:
  • F1: Annual RSU award; RSUs vest in three substantially equal annual installments and settle one-for-one in common shares.
  • F3: Annual non-qualified stock option award; options vest in four substantially equal annual installments.
  • F2: The 395-share disposition reflects withholding of vested RSU shares to cover taxes (not an open-market sale for discretionary cash proceeds).
• Filing timeliness: Report filed 2026-02-26 for transactions on 02-24 and 02-25 — appears timely (no late filing indicated).

Context

• The grants are awards (RSUs and option grants), not open-market purchases — these are compensation-related acquisitions rather than a market buy signal. The 395-share disposition was a routine tax-withholding event tied to RSU vesting (a common administrative transaction), not necessarily an expression of confidence or a deliberate sale. Options noted are subject to multi-year vesting schedules per the footnote.